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American Battery Technology Company Releases Second Quarter Fiscal Year 2024 Financial Report

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Company continues to ramp operations and manufacture commercial-scale quantities of recycled metal products at its first lithium-ion battery recycling facility, and has contracted and begun receiving funds for two U.S. Department of Energy grants supporting over $135 million of projects

RENO, Nev., Feb. 14, 2024 /PRNewswire/ — American Battery Technology Company (ABTC) (NASDAQ: ABAT), an integrated critical battery materials company that is commercializing its first-of-kind technologies for both primary battery minerals manufacturing and secondary minerals lithium-ion battery recycling, announced its second quarter fiscal year (FY) 2024 financial results, for the period ending December 31, 2023.  

Highlights from Q2 FY2024 include: 

In August 2023, ABTC finalized the purchase of a move-in ready, unoccupied commercial-scale, industrial facility located in the Tahoe-Reno Industrial Center (TRIC), for the purpose of installing the first implementation of its integrated lithium-ion battery recycling technologies.In October 2023, ABTC completed the construction and installation of the initial phase of its battery recycling systems into the TRIC facility and began processing commercial-scale quantities of battery materials into commercial quantities of sellable recycled battery metal products.ABTC has continued to ramp the throughput of operations at this facility, and is currently adding a second shift of operations to further increase the rate of recycling operations.ABTC’s battery recycling operations have successfully completed audit, environmental reviews, and qualification processes with several premier global automotive, battery manufacturers, and other strategic original equipment manufacturers (OEMs), and ABTC is currently in negotiations for quantities of feedstock that would represent several years’ worth of operations at the current TRIC facility.As a result, in parallel to the finalization and contracting of these prospective long-term feedstock agreements, ABTC has begun coordinating with its strategic partners on the site selection of its next commercial battery recycling facility.The prime agreement contract for ABTC’s U.S. Department of Energy (DOE) grant to support its $115 million project for its commercial-scale lithium hydroxide refinery was issued with a project start date of September 1, 2023, and ABTC began receiving funds related to this award during this reported quarter.The prime agreement contract for ABTC’s U.S. DOE grant to support its $20 million project for its next-generation advanced battery recycling technologies was issued with a project start date of October 1, 2023, and ABTC began receiving funds related to this award during this reported quarter.Total government grant funding increased to $1.7 million for the fiscal year-to-date six months ended December 31, 2023, compared to $0.4 million during the same period of the prior year.Cash used for the investment into the acquisition of property, plant, equipment, mineral rights, and water rights for the fiscal year-to-date six months ended December 31, 2023 was $10.9 million, compared to $10.2 million used in the same period of the prior year.Cash used in operations for the fiscal year-to-date six months ended December 31, 2023 was $7.4 million, which is in line with the $7.4 million use of cash during the same period of the prior year.On August 29, 2023, ABTC entered into an agreement to allow it to issue a new series of senior secured convertible notes for up to $51 million. To date, $25 million of these notes have been issued.

Continued Acceleration Towards Fully-Ramped Battery Recycling Operations
ABTC continues to advance its battery recycling systems to fully-ramped operations at its first commercial-scale lithium-ion battery recycling facility. In its first months of operations, the company has successfully manufactured a large inventory of recycled battery metal products for sale to its domestic-U.S. strategic partners. This recycling facility has the capacity to process over 20,000 metric tonnes per year of battery feedstock materials when fully ramped, and several strategic partnerships have been announced recently for the sourcing of feed material and the offtake of recycled products, such as with BASF.

Concurrent Commercialization of Recycling and Primary Resource Operations
Progressing a new technology from initial design, to testing and bench scale validations, to integrated piloting, and through commercialization is an arduous process that often takes many years.  ABTC is concurrently commercializing its first-of-kind technologies for both its battery recycling operations and its battery grade lithium hydroxide refining from primary claystone with an accelerated, fast-to-market approach.  

ABTC’s in-house team is comprised of chemists, metallurgists, engineers, construction managers, and operators of first-of-kind, large-scale battery manufacturing facilities, and as such has significant experience managing large construction projects and bringing first-of-kind technologies to market.

In order to prioritize these dual commercialization efforts, ABTC recorded $5.3 million in research and development costs for the fiscal year-to-date six months ended December 31, 2023, an increase of $3.3 million when compared to the same period of the prior year.

Additional recent company information and updates can be found at www.americanbattery.com/events-and-presentations including:

American Battery Technology Company’s Annual Meeting of Shareholders Fiscal 2024, PresentationAmerican Battery Technology Company’s Annual Meeting of Shareholders Fiscal 2024, Video PlaybackAmerican Battery Technology Company’s January Overview and Analyst Q&A, Video Playback

About American Battery Technology Company 
American Battery Technology Company (ABTC), headquartered in Reno, Nevada, has pioneered first-of-kind technologies to unlock domestically manufactured and recycled battery metals critically needed to help meet the significant demand from the electric vehicle, stationary storage, and consumer electronics industries.  Committed to a circular supply chain for battery metals, ABTC works to continually innovate and master new battery metals technologies that power a global transition to electrification and the future of sustainable energy.

Forward-Looking Statements  
This press release contains “forward-looking statements” within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical fact, are “forward-looking statements.” Although the American Battery Technology Company’s (the “Company”) management believes that such forward-looking statements are reasonable, it cannot guarantee that such expectations are, or will be, correct. These forward-looking statements involve a number of risks and uncertainties, which could cause the Company’s future results to differ materially from those anticipated. Potential risks and uncertainties include, among others, risks and uncertainties related to the Company’s ability to continue as a going concern; interpretations or reinterpretations of geologic information, unfavorable exploration results, inability to obtain permits required for future exploration, development or production, general economic conditions and conditions affecting the industries in which the Company operates; the uncertainty of regulatory requirements and approvals; fluctuating mineral and commodity prices, final investment approval and the ability to obtain necessary financing on acceptable terms or at all. Additional information regarding the factors that may cause actual results to differ materially from these forward-looking statements is available in the Company’s filings with the Securities and Exchange Commission, including the Annual Report on Form 10-K for the year ended June 30, 2023. The Company assumes no obligation to update any of the information contained or referenced in this press release.

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SOURCE American Battery Technology Company

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AMTD’s TGE Reports Full Year Results with 27.7% Increase in Revenue, with 25.5% Increase in Total Assets and 9.1% Increase in Net Assets

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PARIS and LONDON and NEW YORK, April 29, 2026 /PRNewswire/ — The Generation Essentials Group (“TGE” or the “Company”) (NYSE: TGE, LSE; TGE), a NYSE and LSE dual-listed company and a subsidiary of AMTD Group Inc., today announced the filing of its annual report on Form 20-F for the fiscal year ended December 31, 2025 with the Securities and Exchange Commission, with summary highlights below:

Total Revenue increased by 27.7% from US$77.0 million to US$98.3 millionTotal non-GAAP Net Income increased by 3.2% from US$44.7 million to US$46.2 million Total Assets amounted to US$1,464.1 million (US$30.2/share)Net asset value amounted to US$839.1 million (US$17.3/share)

The annual report is available on the Company’s investor relations website at  http://thegenerationalessentials.com. The Company will provide a hard copy of its annual report containing the audited consolidated financial statements, free of charge, to its shareholders upon request. Requests should be directed to Investor Relations Office at ir@tge.media.

About The Generation Essentials Group

The Generation Essentials Group (NYSE: TGE; LSE: TGE), jointly established by AMTD Group, AMTD IDEA Group (NYSE: AMTD; SGX: HKB) and AMTD Digital Inc. (NYSE: HKD), is headquartered in France and focuses on global strategies and developments in multi-media, entertainment, and cultural affairs worldwide as well as hospitality and VIP services. TGE comprises L’Officiel, The Art Newspaper, movie and entertainment projects. Collectively, TGE is a diversified portfolio of media and entertainment businesses, and a global portfolio of premium properties. Also, TGE is a special purpose acquisition company (SPAC) sponsor manager, with its first SPAC successfully raised and priced on December 18, 2025.

For The Generation Essentials Group:
IR Office
The Generation Essentials Group
EMAIL: ir@tge.media

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SOURCE The Generation Essentials Group

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Potatoes USA Awarded Patent for AI-Driven Social Media Monitoring and Responding

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DENVER, April 29, 2026 /PRNewswire/ — Potatoes USA, the national promotion board for U.S. potato growers and importers, has been awarded a patent (US 12,591,622 B2) for a method for monitoring and responding to social media content.

The innovative technology automates social media management, featuring AI-driven monitoring, content identification, and natural language response generation on a knowledge basis. The system may include a human-in-the-loop interface that allows for the review, editing, and approval of generated content prior to publication.

Potatoes USA uses the technology to monitor for misinformation about potato nutrition so they can respond with the correct information, educating consumers on the nutritional benefits of potatoes. Additionally, the organization uses the technology to participate in positive conversations about potatoes, joining in the vast amount of potato love on social media.

“For any company or brand trying to share information and raise awareness, it’s vital to be part of relevant conversations happening on social media. This technology allows us to participate in and, more importantly, help shape those conversations,” said Blair Richardson, CEO of Potatoes USA. “A huge number of people talk about potatoes on social media every day. The vast majority of what we see is very positive, but we also find negative and incorrect posts and comments about potatoes. Even though it’s a smaller percentage of what’s being said, it’s a key piece of our communications strategy to correct the misinformation that’s out there, debunk longstanding myths about potatoes, and educate the public on the true nutritional benefits of potatoes.”

The patented technology allows Potatoes USA to establish itself as a go-to resource on social media for potato nutrition facts, recipe inspiration, and general potato love.

About Potatoes USA
As representatives of U.S. potato growers and importers, Potatoes USA’s mission is to strengthen the demand for potatoes through marketing and research. By launching impactful marketing campaigns; coordinating regional, national, and international market and production research; and establishing new trade markets, Potatoes USA promotes the benefits of potatoes to audiences across the globe, including consumers, foodservice operators, retailers, and health professionals. For more information on America’s Favorite Vegetable, please visit PotatoGoodness.com and PotatoesUSA.com.

Media Contact
Erin Bracken
media@hillenby.com

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SOURCE Potatoes USA

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TERAGO to Hold Investor Conference Call to Discuss First Quarter 2026 Financial Results

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TORONTO, April 29, 2026 /CNW/ – TERAGO Inc. (“TERAGO” or the “Company”) (TSX: TGO) www.terago.ca, Canada’s 91% mmWave spectrum holder and a leading provider of Managed Fixed Wireless Internet, 5G Private Wireless Networks and SD-WAN secure solutions today announced that it will be hosting a conference call on Wednesday, May 13, 2026, at 10:00 a.m. ET to discuss its financial results for the first quarter of 2026. The complete financial results are expected to be released after market close on Tuesday, May 12, 2026.

The Company’s results along with a presentation in connection with the conference call will be made available on the Company’s website at https://terago.ca/company/investor-relations/.

To access the conference call, please dial 888-506-0062 or 973-528-0011 and use conference ID 135943 if applicable. Please call the conference telephone number 15 minutes prior to the start time so that you are in the queue for an operator to assist in registering and patching you through.

A replay of the conference call will be available through Wednesday, May 27, 2026 and can be accessed by dialing 877-481-4010 or 919-882-2331 and using passcode 53968.

About TERAGO
TERAGO provides managed network and security services to businesses across Canada ensuring highly secure, reliable and redundant connectivity including private 5G wireless networks, fixed wireless access, fiber and cable wireline network connectivity. As Canada’s biggest mmWave spectrum holders, the Company possesses exclusive spectrum licenses in the 24 GHz and 38 GHz spectrum bands, which it utilizes to provide secure, dedicated SLA guaranteed enterprise grade performance that is technology diverse from buried cables ensuring high availability connectivity services. TERAGO serves Canadian and Global businesses operating in major markets across Canada, including Toronto, Montreal, Calgary, Edmonton, Vancouver, Ottawa and Winnipeg, and has been providing wireless services since 1999. For more information about TERAGO and its suite of wireless internet and SDWAN solutions, please visit www.terago.ca.

SOURCE TeraGo Inc.

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